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Author
Tura Karolina (Uniwersytet Ekonomiczny w Poznaniu)
Title
Price level targeting: reżim na skraju teorii i eksperymentu
Price Level Targeting Strategy: on the Edge of Theory and Experiment
Source
Zeszyty Naukowe Wyższej Szkoły Bankowej w Poznaniu, 2014, t. 56 nr 5, s. 13-28, bibliogr. 39 poz.
The Poznan School of Banking Research Journal
Issue title
Polityka pieniężna wobec wyzwań współczesnych gospodarek
Keyword
Zmienność poziomu cen, Strategia bezpośredniego celu inflacyjnego, Kryzys bankowy, Polityka pieniężna
Price level variability, Inflation targeting strategy, Banking crisis, Monetary policy
Note
streszcz., summ.
Abstract
Strategia price level targeting (PLT) została wdrożona w Szwecji w latach 1931-1937. Od lat 90. XX w. w polityce monetarnej dominuje reżim bezpośredniego celu inflacyjnego. Po kryzysie finansowym do głosu doszły zarzuty i wątpliwości dotyczące dalszej realizacji tej strategii. Rozpoczęto rozmowy nad alternatywnymi strategiami celu. Bank Centralny Kanady od 2006 r. prowadzi badania nad możliwościami i kosztami wdrożenia strategii PLT. Artykuł przedstawia podsumowanie dotychczasowych doświadczeń dotyczących wprowadzania strategii PLT.(abstrakt oryginalny)

The price level targeting strategy was implemented in Sweden in the years 1931-1937. Since the 1990s, the monetary policy regime have been dominated by inflation targeting. After the financial crisis, objections or concerns regarding the further implementation of this strategy came to light. Discussions have pointed to several alternative strategies. Since 2006, the Central Bank of Canada has conducted research on the possibilities and costs associated with the implementation of the PLT strategy. This article presents a summary of the experiences with the above-mentioned strategy.(original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of University of Economics in Katowice
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Bibliography
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ISSN
1426-9724
Language
pol
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